Thank you, Sir. For making a post, and extending the word of caution.
I agree, lending is commoditized.
Lending also works on non-negotiable parameters like, say, repayment. The terms of repayment are very different for Muthoot vs Banks. Ticket size too. Therefore, they touch a different starta.
The management is citing slowdown in demand due to low need for working cap due to Covid.
I will let them play this card for another quarter or two.
In the meantime, I feel risk reward ratio is very attractive. No harm in giving it a shot
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